Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.

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Electra Battery Materials Corp > News Bites

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Comment by Silverad0on Jun 06, 2022 10:31am

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RE:News Bites

Must be a different market in Northern On. than Southern & Eastern On. I call B.S. on the above. Wage settlements are in the range of 3% to 5% and contracts secured last fall including the steel for the building should be at the prices as negotiated last fall. Hire a seasoned Construction Project Manager. Most of us would have secured the building and components at fixed prices before the contract was let. I guess its more important to be virtue signaling rather than actually looking after business.

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